Kuwait Real Estate Bank to be come Islamic

Published July 26th, 2005 - 06:50 GMT
Al Bawaba
Al Bawaba

The Chief Executive Office of the Ernst and Young Consultancy company, Walid Al-Osseimi, Monday re-asserted the readiness of the Kuwait Real Estate Bank to turn into an Islamic bank, operating according to Shari'a laws.

 

"The bank has successfully completed several measures required for the change," Al-Osseimi said in a news statement, cited by KUNA